China Free Cash Flow vs Depreciation Analysis

601818 Stock

3.60 0.02 0.55%

China Everbright financial indicator trend analysis is way more than just evaluating China Everbright Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Everbright Bank is a good investment. Please check the relationship between China Everbright Free Cash Flow and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Everbright Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Everbright Bank Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have strong relationship.

The correlation between China Everbright's Free Cash Flow and Depreciation is 0.6. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of China Everbright Bank, assuming nothing else is changed. The correlation between historical values of China Everbright's Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of China Everbright Bank are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., China Everbright's Free Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Depreciation

Depreciation indicates how much of China Everbright Bank value has been used up. For tax purposes China Everbright can deduct the cost of the tangible assets it purchases as business expenses. However, China Everbright Bank must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from China Everbright's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Everbright Bank current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Everbright Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Selling General Administrative is expected to grow to about 37.5 B. The current year's Tax Provision is expected to grow to about 9.6 B

	2023	2024 (projected)
Operating Income	52.1B	45.1B
Total Revenue	145.6B	91.9B

Operating Income Total Revenue

China Everbright fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Cash	Other Assets	Long Term Debt	Good Will	Short Term Investments	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Accounts Payable	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Preferred Stock Total Equity	Total Current Assets
Total Assets		0.99	-0.68	0.81	0.39	0.96	0.91	-0.53	-0.52	1.0	0.2	0.68	0.95	0.8	0.89	0.87	0.87	0.76	-0.17	0.02	0.83	-0.9	0.58	0.84	0.86	-0.48
Total Stockholder Equity	0.99		-0.68	0.82	0.4	0.97	0.93	-0.46	-0.58	0.99	0.27	0.64	0.97	0.81	0.91	0.91	0.9	0.81	-0.17	0.02	0.87	-0.94	0.61	0.83	0.86	-0.54
Other Liab	-0.68	-0.68		-0.65	-0.26	-0.74	-0.63	0.07	0.66	-0.68	-0.19	-0.32	-0.58	-0.49	-0.6	-0.57	-0.58	-0.53	0.02	-0.14	-0.52	0.61	-0.36	-0.64	-0.64	0.24
Retained Earnings	0.81	0.82	-0.65		0.58	0.79	0.82	-0.51	-0.53	0.81	-0.15	0.79	0.74	0.36	0.76	0.77	0.73	0.83	0.18	0.42	0.59	-0.81	0.39	0.82	0.83	-0.32
Cash	0.39	0.4	-0.26	0.58		0.38	0.35	-0.15	-0.3	0.39	0.03	0.28	0.4	0.05	0.44	0.43	0.41	0.47	-0.03	0.14	0.44	-0.37	0.37	0.38	0.37	0.09
Other Assets	0.96	0.97	-0.74	0.79	0.38		0.92	-0.34	-0.73	0.96	0.29	0.55	0.93	0.8	0.91	0.89	0.88	0.78	-0.13	0.04	0.83	-0.94	0.55	0.87	0.89	-0.52
Long Term Debt	0.91	0.93	-0.63	0.82	0.35	0.92		-0.41	-0.62	0.91	0.19	0.63	0.88	0.69	0.82	0.85	0.8	0.8	0.06	0.11	0.74	-0.94	0.43	0.79	0.84	-0.68
Good Will	-0.53	-0.46	0.07	-0.51	-0.15	-0.34	-0.41		-0.29	-0.54	0.56	-0.87	-0.4	-0.19	-0.27	-0.26	-0.26	-0.24	-0.06	-0.12	-0.2	0.29	-0.11	-0.33	-0.33	0.11
Short Term Investments	-0.52	-0.58	0.66	-0.53	-0.3	-0.73	-0.62	-0.29		-0.52	-0.39	-0.03	-0.54	-0.45	-0.63	-0.62	-0.6	-0.62	-0.12	-0.21	-0.51	0.7	-0.27	-0.69	-0.7	0.39
Total Liab	1.0	0.99	-0.68	0.81	0.39	0.96	0.91	-0.54	-0.52		0.19	0.69	0.94	0.8	0.89	0.87	0.87	0.75	-0.17	0.02	0.83	-0.9	0.58	0.84	0.86	-0.47
Intangible Assets	0.2	0.27	-0.19	-0.15	0.03	0.29	0.19	0.56	-0.39	0.19		-0.42	0.39	0.63	0.42	0.43	0.46	0.24	-0.62	-0.51	0.57	-0.33	0.55	0.07	0.11	-0.35
Common Stock	0.68	0.64	-0.32	0.79	0.28	0.55	0.63	-0.87	-0.03	0.69	-0.42		0.55	0.29	0.57	0.57	0.55	0.49	0.05	0.3	0.36	-0.54	0.31	0.59	0.61	-0.18
Property Plant Equipment	0.95	0.97	-0.58	0.74	0.4	0.93	0.88	-0.4	-0.54	0.94	0.39	0.55		0.84	0.91	0.91	0.92	0.86	-0.28	-0.07	0.92	-0.95	0.66	0.74	0.77	-0.61
Other Current Liab	0.8	0.81	-0.49	0.36	0.05	0.8	0.69	-0.19	-0.45	0.8	0.63	0.29	0.84		0.8	0.79	0.82	0.52	-0.56	-0.35	0.86	-0.73	0.73	0.56	0.6	-0.5
Total Current Liabilities	0.89	0.91	-0.6	0.76	0.44	0.91	0.82	-0.27	-0.63	0.89	0.42	0.57	0.91	0.8		0.99	1.0	0.8	-0.35	0.03	0.88	-0.91	0.76	0.82	0.86	-0.4
Net Tangible Assets	0.87	0.91	-0.57	0.77	0.43	0.89	0.85	-0.26	-0.62	0.87	0.43	0.57	0.91	0.79	0.99		0.99	0.83	-0.34	0.01	0.89	-0.92	0.77	0.77	0.82	-0.47
Accounts Payable	0.87	0.9	-0.58	0.73	0.41	0.88	0.8	-0.26	-0.6	0.87	0.46	0.55	0.92	0.82	1.0	0.99		0.8	-0.41	-0.02	0.9	-0.9	0.79	0.77	0.81	-0.42
Net Receivables	0.76	0.81	-0.53	0.83	0.47	0.78	0.8	-0.24	-0.62	0.75	0.24	0.49	0.86	0.52	0.8	0.83	0.8		0.03	0.22	0.78	-0.91	0.51	0.71	0.73	-0.58
Inventory	-0.17	-0.17	0.02	0.18	-0.03	-0.13	0.06	-0.06	-0.12	-0.17	-0.62	0.05	-0.28	-0.56	-0.35	-0.34	-0.41	0.03		0.66	-0.5	0.04	-0.75	0.14	0.12	-0.08
Other Current Assets	0.02	0.02	-0.14	0.42	0.14	0.04	0.11	-0.12	-0.21	0.02	-0.51	0.3	-0.07	-0.35	0.03	0.01	-0.02	0.22	0.66		-0.27	-0.13	-0.26	0.35	0.33	0.2
Other Stockholder Equity	0.83	0.87	-0.52	0.59	0.44	0.83	0.74	-0.2	-0.51	0.83	0.57	0.36	0.92	0.86	0.88	0.89	0.9	0.78	-0.5	-0.27		-0.82	0.85	0.59	0.62	-0.46
Deferred Long Term Liab	-0.9	-0.94	0.61	-0.81	-0.37	-0.94	-0.94	0.29	0.7	-0.9	-0.33	-0.54	-0.95	-0.73	-0.91	-0.92	-0.9	-0.91	0.04	-0.13	-0.82		-0.51	-0.84	-0.87	0.67
Long Term Investments	0.58	0.61	-0.36	0.39	0.37	0.55	0.43	-0.11	-0.27	0.58	0.55	0.31	0.66	0.73	0.76	0.77	0.79	0.51	-0.75	-0.26	0.85	-0.51		0.35	0.39	-0.06
Short Long Term Debt	0.84	0.83	-0.64	0.82	0.38	0.87	0.79	-0.33	-0.69	0.84	0.07	0.59	0.74	0.56	0.82	0.77	0.77	0.71	0.14	0.35	0.59	-0.84	0.35		0.99	-0.29
Preferred Stock Total Equity	0.86	0.86	-0.64	0.83	0.37	0.89	0.84	-0.33	-0.7	0.86	0.11	0.61	0.77	0.6	0.86	0.82	0.81	0.73	0.12	0.33	0.62	-0.87	0.39	0.99		-0.35
Total Current Assets	-0.48	-0.54	0.24	-0.32	0.09	-0.52	-0.68	0.11	0.39	-0.47	-0.35	-0.18	-0.61	-0.5	-0.4	-0.47	-0.42	-0.58	-0.08	0.2	-0.46	0.67	-0.06	-0.29	-0.35

Click cells to compare fundamentals

China Everbright Account Relationship Matchups

China Everbright fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.7T	5.4T	5.9T	6.3T	6.8T	7.1T
Total Stockholder Equity	385.0B	453.4B	482.5B	507.9B	552.4B	580.0B
Other Liab	30.3B	20.1B	22.2B	17.9B	16.1B	15.3B
Retained Earnings	206.2B	230.5B	257.8B	179.3B	199.3B	121.0B
Cash	466.8B	485.0B	4.8T	525.7B	538.3B	476.8B
Other Assets	2.8T	3.1T	3.5T	3.8T	4.3T	4.5T
Total Liab	4.3T	4.9T	5.4T	5.8T	6.2T	6.5T
Intangible Assets	1.7B	2.2B	2.8B	3.6B	4.4B	4.6B
Property Plant Equipment	18.2B	31.0B	34.5B	36.1B	41.5B	43.6B
Other Current Liab	8.3B	13.2B	10.1B	22.8B	26.2B	27.5B
Total Current Liabilities	4.2T	4.8T	5.3T	5.5T	6.4T	4.7T
Net Tangible Assets	317.1B	385.0B	413.5B	438.1B	503.9B	348.5B
Accounts Payable	3.4T	3.9T	4.1T	4.4T	5.0T	3.7T
Net Receivables	24.3B	30.9B	25.1B	17.2B	19.8B	17.5B
Inventory	478M	390M	327M	238M	214.2M	308.5M
Other Current Assets	376.3B	340.4B	329.1B	332.7B	299.4B	273.2B
Other Stockholder Equity	7.9B	45.5B	47.3B	43.6B	50.1B	52.6B
Deferred Long Term Liab	871M	900M	950M	927M	834.3M	876.1M
Long Term Investments	225.2B	1.7T	1.8T	2.1T	2.3T	1.3T
Total Current Assets	563.7B	655.6B	736.0B	712.4B	641.2B	565.9B
Net Debt	71.3B	117.8B	368.9B	538.9B	755.2B	793.0B
Common Stock Shares Outstanding	52.5B	54.0B	54.0B	54.0B	59.1B	59.5B
Net Invested Capital	858.2B	991.3B	1.4T	1.5T	1.8T	1.3T

Currently Active Assets on Macroaxis

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C
MSFT	Microsoft
GM	General Motors

Other Information on Investing in China Stock

Balance Sheet is a snapshot of the financial position of China Everbright Bank at a specified time, usually calculated after every quarter, six months, or one year. China Everbright Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Everbright and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which China currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

China Free Cash Flow vs Depreciation Analysis

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

Correlation Coefficient

Free Cash Flow

Depreciation

China Everbright fundamental ratios Correlations

China Everbright Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Everbright fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Total Current Liabilities
Accounts Payable	+ 0.99	Net Tangible Assets

Deferred Long Term Liab	- 0.95	Property Plant Equipment
Deferred Long Term Liab	- 0.94	Long Term Debt
Deferred Long Term Liab	- 0.94	Other Assets
Deferred Long Term Liab	- 0.94	Total Stockholder Equity
Deferred Long Term Liab	- 0.92	Net Tangible Assets
Deferred Long Term Liab	- 0.91	Net Receivables